Matthew Mitchell and Peter Boettke are academic economists at the Mercatus Center, a think tank associated with George Mason University. I like Mercatus and its work a lot, as it explicitly builds upon and follows the work of people like F.A. Hayek, Adam Smith, and James Buchanan. I don’t follow the academics too closely, but they often have some good insights, so I was looking forward to a book that might summarize some of those insights and let me know where to look for more detail.
The idea bSaturday, December 9, 2017

GOLD and SILVER prices steadied above 5-month lows versus the US Dollar in London trade Friday, rallying into the weekend as global stock markets rose.
The
EuroStoxx 50 index of Europe's largest corporations added 1.8% for the week.
Commodities edged higher but major government bond prices slipped further from Thursday's drop, when gold fell to its lowest since early July at $1244 pFriday, December 8, 2017

– Value of Sterling and increased risks place pressure on pensioners both in UK and abroad
– 500,000 British expats face ‘frozen’ pensions
– 61% of UK Direct Benefit pension schemes have more money going out than coming in
– OECD report finds ‘UK workers face the biggest retirement cliff edge in developed world’
– Combined pension deficit of FTSE 350 companies is at 70% of their profits
– One in three wealth managers are holding cash for clients in anticipation of a market crash
Source: ProfessiWednesday, December 6, 2017

GOLD PRICES dipped Monday morning as the US Dollar gained following the Senate's approval of Donald Trump's tax cuts and Western stock markets rose,
writes Steffen Grosshauser at BullionVault.
The US Dollar briefly touched a 2-week high after the Senate narrowly approved the Republican Party's tax overhaul on Saturday, including plans to slash the corporate tax rate from 35% to 20%.
Monday, December 4, 2017

“Uber-bull predictions of gold at over $5,000 per ounce are not beyond the realms of possibility…”
So says GoldCore founder and self-confessed gold bug, Mark O’Byrne.
Indeed, I recently caught up with Mark to get his thoughts on gold and what’s going on with it right now…
But before we got to the nitty-gritty, I started by asking him a little about his background:
GLENN: How long have you been in the gold business, Mark?
MARK: Well, I founded GoldCore more than 14 years ago and it’s been my passSaturday, December 2, 2017

GOLD BULLION prices gave back a rally against the US Dollar on Friday to head for their lowest weekly close in four as European stock markets retreated, relations between Turkey and Nato ally the US worsened again, and Bitcoin rallied 6% below this week's new all-time record high.
Falling back to $1273 per ounce at lunchtime in London, wholesale gold bullion bars began December 10% higher for 2017 to date against the Dollar, but was lower from NFriday, December 1, 2017

The United States embraced the principle of a gold standard – a dollar whose value was linked to a defined quantity of gold – from 1789 to 1971, a stretch of 182 years. During this time, the U.S. was the most successful of any major country, expanding from thirteen war-ravaged states along the AtlanticSaturday, November 18, 2017

GOLD PRICES traded in a narrow $5 range above last week's close on Monday morning in London as expectations held firm for a US Fed rate hike next month and the British Pound dropped amid fresh doubts over Prime Minister Theresa May's leadership, writes Steffen Grosshauser at BullionVault.
Gold prices climbed to $1279 per ounce after posting its biggest daily decline in three weeks in Friday's session, falling below the 100-day moving average as Monday, November 13, 2017

GOLD PRICES rose in all major currencies outside a rallying British Pound on Monday, gaining as crude oil hit 2-year highs amid political turmoil and violence in the Middle East.
Gold prices rallied back to $1272 per ounce as oil futures rose to their highest Dollar price since mid-2015, breaching $62 per barrel of Brent crude after the
weekend's "purge" and detention by new crown prince Mohammed Bin Salman of numerous Saudi princesMonday, November 6, 2017

This last century is unique in all of history, as it tells the story of the first time in all of history, that gold has been completely and officially abandoned as the backing for money.
We have said before that maintaining control of the financial systems is the largest single challenge facing the leaders of the world today. This is evidenced in the last two years by the record number of summits and emergency meetings of organizations such as IMF, World Bank, World trade Organization, and the G7. The Plunge Protection Team and Exchange Stabilization Fund have been working overtime, while we have witnessed the setting up and convening of special sub committees of central banks and governmental policy makers, all dedicated to ensuring stability of financial and capitol markets, at all costs.Saturday, October 21, 2017

In November 2008, Zimbabwe experienced the second highest recorded inflation rate in history, and with that, it entered the Hanke-Krus World Hyperinflation Table. That’s when the annual inflation rate reached a peak of 89.7 sextillion (10^21) percent (see table below).
At this point, prices were doubling every 24.7 hours. During Zimbabwe’s hyperinflation episode (2007-2008), the Reserve Bank of ZimSunday, October 15, 2017

GOLD PRICES sank to 8-week lows against a rising Dollar on Friday as yesterday's fresh all-time highs in global equities were followed by US data showing joblessness in the world's largest economy falling to a fresh 16-year low.
"I have
penciled in a third rate hike in December," said Federal Reserve voting member Patrick Harker to CNBC on Thursday, "[although] we have to see how the inflation dynamics play out."
Friday, October 6, 2017

Yesterday, the greenback moved sharply higher against the British pound, which approached GBP/USD to the previously-broken August peaks. Will this support manage to stop currency bears in the coming days?
EUR/USD
Looking at the charts, we see that EUR/USD slipped slightly below the previously-broken 38.2% Fibonacci retracement (seen on the weekly chart) and the 23.6% retracement (based on the entire April-September upward move), which suggests that further deterioration is just around the Thursday, October 5, 2017

Why it’s important to the typical gold investor
by Michael J. Kosares
Author: The ABCs of Gold Investing
Founder: USAGOLD
“Even those of us who have been tracking gold’s progress for decades frequently give in to the ease of quoting gold’s value in terms of fiat currency – most commonly in US dollars. And yet, we have it the wrong way round. Gold is in fact the centre of the economic universe, and all the fiat currencies (including cryptocurrencies) revolve around gold.” – Jeff Thomas, InternatWednesday, October 4, 2017

Run On The Pound ? Jeremy Corbyn Says Should Plan For
– Right to plan for ‘run on pound’ if Labour wins says Corbyn and Labour party
– British pound already down 20% since Brexit, collapse already in play
– Run on the pound likely due to Labour’s ‘command economy’ approach
– Collapse in Sterling would undermine UK financial system
– Portfolios holding sterling and related assets would be significantly affected
– Pension funds and property the most likely to get hit by run on the pound
– Gold toWednesday, October 4, 2017

Yesterday, the greenback moved sharply higher against the British pound, which approached GBP/USD to the previously-broken August peaks. Will this support manage to stop currency bears in the coming days?
EUR/USD
Looking at the charts, we see that EUR/USD slipped slightly below the previously-broken 38.2% Fibonacci retracement (seen on the weekly chart) and the 23.6% retracement (based on the entire April-September upward move), which suggests that further deterioration is just around the Tuesday, October 3, 2017

Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This isSaturday, September 30, 2017

GOLD BARS traded in London's wholesale market rose back to $1287 per ounce on Friday, halving the week's previous $20 loss as global stock markets rose within 0.5% of last week's new all-time high on the MSCI World Index.
Major government bond prices rallied, easing longer-term interest rates lower from this week's jump, as commodities held flat overall.
Silver traded 10 cents above its 6-week lFriday, September 29, 2017